I am in the Private Sector

Data by Cluster

A cluster is a regional concentration of related industries that arise out of the various types of linkages or externalities that span across industries in a particular location. The U.S. Benchmark Cluster Definitions are designed to enable systemic comparison across regions. View and compare clusters across the U.S.

Data by Region

A region is broadly defined as a county, economic area (EA), metro/micropolitan statistical area (MSA), or state. The U.S. Benchmark Cluster Definitions use the U.S. Bureau of Economic Analysis defined economic areas. View and compare regions across the U.S.

Organizations

Blog

Resources

Community

The Community of Practice enables practitioners to share Resources, post Blogs, and find partner Organizations. View and contribute content of interest to the cluster based economic development community.

Sources

Report of the Commission on Inclusive Prosperity

History tells us that societies succeed when the fruits of growth are broadly shared. Indeed, no society has ever succeeded without a large, prospering middle class that embraced the idea of progress. Today, the ability of free-market democracies to deliver widely shared increases in prosperity is in question as never before. The primary challenge democracies face is neither military nor philosophical. Rather, for the first time since the Great Depression, many industrial democracies are failing to raise living standards and provide opportunities for social mobility to a large share of their people. Some of those countries that have produced economic growth have done so in a manner that has left most of their citizens no better off. This is an economic problem that threatens to become a problem for the political systems of these nations—and for the idea of democracy itself.

This report is about embracing the new economic opportunities of the 21st century by finding ways to ensure they serve the vast majority of society. In previous eras, political institutions have responded to economic transformations to ensure prosperity is shared: the New Deal in the United States and the European social welfare state; the “third-way” politics of putting people first of Clinton and Blair by investing in people and reforming institutions. Just as it took the New Deal and the European social welfare state to make the Industrial Revolution work for the many and not the few during the 20th century, we need new social and political institutions to make 21st century capitalism work for the many and not the few.